Retirement Habits In Each Stage Of Life

It is never too early to start planning for retirement.  People in their 20s and 30s should start investing funds into either a 401(k) or IRA as a sort of nest egg.  This article briefly compares the retirement savings habits of people in each decade of life from 20s until 70s.  When people are in their 70s they begin to receive distributions from the IRAs that they had invested in over the years.  Investing early and often will allow people to retire comfortably in their later years. 

See Emily Brandon, How Your Retirement Account Balance Compares to Your Peers, US News And World Report, July 6, 2015.